How To Get A Real Estate License In Louisiana

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How to get a real estate license in Louisiana

How to Get a Real Estate Licence in Louisiana?

The first step to becoming a real estate agent in Louisiana is by acquiring a Louisiana real estate license. You can complete this process online, but you must still appear in person for your Louisiana real estate license exam.

Stick around to learn more about the subject of discussion and other basics, including how long it will take, what the exam entails, how much it will cost, and much more.

How to Become a Real Estate Agent in Louisiana

It's relatively easy to become a real estate agent in Louisiana as long as you meet the following requirements.

  • Be over 18 years old.
  • Be a United States citizen or a duly admitted alien.
  • Must have achieved a high school diploma or GED.

How to Get Your Real Estate License in Louisiana

Step 1: Real Estate Prelicensing Course

To begin, you have to complete an approved 90-hour prelicensing course. Most people prefer to take their pre-license course online because online courses incorporate study materials and are self-paced. Some even assure you you'll attain the predetermined pass mark on your first attempt if you finish their course.

However, these privileges depend on the education provider and package you select, so ensure you choose a course that meets your demands. Note that the essence of these courses isn't just to complete a requirement: it prepares you to pass your Louisiana real estate license exam and become a certified agent.

Note: This test is similar to the state exam, meaning it is closed-book and closed-note. You can use a typical function calculator and scratch paper.

Step 2: Real Estate Salesperson License Application

Upon completing your pre-license course, you must complete and turn in your Salesperson License Application Part A, including the required fee. The application fee is $90. Check below to discover the fee outline:

  • Initial license fee - $45.
  • Research/Education Fund Fee - $10.
  • Recovery Fund Fee - $10.
  • Application Processing Fee - $25.

After application, mail to:

Louisiana Real Estate Commission

9071 Interline Avenue

Baton Rouge, LA 70809

Step 3: Louisiana Real Estate License Exam

Immediately after the Louisiana Real Estate Commission processes your application, you'll receive an email from the company that handles your licensing exam. This email has instructions on scheduling your Louisiana real estate license exam.

You'll be charged $85 per attempt to take the exam. The exam has 135 questions, including 80 for the national category and 55 for the state category. Remember that you only have three hours (180 minutes) to finish the exam. The national section time is 105 minutes, whereas the state section is 75 minutes.

The pass mark of the Louisiana real estate salesperson exam is 56/80 in the national category and 40/56 in the state section. Once you're done with the exam, you'll receive a scoring document that shows whether you passed or failed. If it is written "Fail," you will see an outline of your score in the different sections of the exam.

Step 4: Fingerprinting and Background Check

After passing your exams, you will want to complete your fingerprinting and background check. This is a requirement for all applicants before becoming a licensed real estate agent in Louisiana. Clearbox (the contracted company ) conducts this process to check for the criminal background history of all initial license applicants. The fee for completing this step is $49.

After fingerprinting services, the check process begins. The Louisiana Real Estate Commission will examine any findings in your background report to guarantee your eligibility. During this process, their customer service team may reach out to you to relay any extra documentation or information to iron out any findings.

If you're convicted or have any criminal offense, you will likely not be eligible for a real estate license. However, you can submit a Felony Applicant form which will be forwarded to compliance@lrec.gov. After that, you will be required to go for a hearing in the Louisiana real estate meeting, where the commissioners will decide whether or not you can proceed with your licensure.

Step 5: Acquire Errors and Omissions Insurance

Errors and omissions insurance is mandatory for all active licensees. You can obtain your errors and omissions insurance through the LREC group policy. This is achieved by remitting payment appropriately depending on the pro-rated premium chart on the initial real estate license part B.

You can also opt to buy your E&O from a different source. If that's the case, you must complete and turn in an Independence Errors and Omissions Insurance Form. Additionally, you'll have to receive a declaration page from your certified insurer.

Step 6: Application Review

After completing the checklist, you now have to wait for your license to be administered. This should take between 5 to 10 business days. You can confirm if your license is available through LREC Verify Licence Search. At this point, you can contact LREC at (225) 925-1923 for any questions.

Step 7: Real Estate License Sponsorship

To be licensed, you'll need to be associated with or employed by a licensed or active real estate broker in Louisiana. It would help to find the right broker because this person will be your mentor as you venture into your new career in real estate.

Given below are the questions to focus on during your search.

  • What's their reputation locally and nationally?
  • Are they up-to-date with the current systems?
  • What commission structure do they offer?
  • Do they offer their agents marketing materials?

Louisiana Real Estate License FAQ

How Much Does it Cost to Get a Real Estate License in Louisiana?

The cost of obtaining a Louisiana real estate license is $760 to $970. Here is a breakdown of the cost:

How Long Does it Take to Obtain a Louisiana Real Estate License?

The average duration of getting your real estate license in Louisiana is 3 to 6 months. Two steps are time-intensive during this process: pre-license education and test preparation. However, if you commit a full-time schedule to this process, you can take less than three months to get your license.

If you want to see some examples of questions that will be on the actual real estate exam, check out our free real estate practice exam. We have been named as the best real estate exam practice for 7 years in a row!

If you need to get your required educational hours done, check out our partners for online real estate education that can be done at your own pace from home or where ever you have internet access.

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